TOKYO, Oct 31 (Reuters) - Japan's Suzuki Motor Corp issued its first-ever profit warning on Friday, predicting a 33 percent drop in operating profit this business year as the worst financial crisis in 80 years pulls down even the healthiest automakers. Suzuki, a maker of compact cars with about half of India's market, now expects to make an operating profit of 100 billion yen ($1.02 billion) instead of 140 billion yen, and net profit of 60 billion yen instead of 80 billion yen for the year ...
Premium Content (PAID Subscription Required)
"Suzuki lowers forecasts on India, Europe woes" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.